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Who is Anil Agarwal

Anil Agarwal

About Anil Agarwal

Who is Anil Agarwal

Anil Agarwal is the chairman of Vedanta Resources Plc, a company he founded in 1976. The company started as a cable manufacturer and went on to be listed in the London Stock Exchange in 2003. Agarwal, however, took the company private on October, 2019. 
Agarwal controls Vedanta through Volcan Investments, a holding vehicle with a 100 per cent stake in the business.
 
Agarwal's journey from a scrap dealer to a tycoon
 
Born in 1954 in Patna, Agarwal rose from running a tiny scrap metal business four decades back to becoming one of the
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Latest Updates on Anil Agarwal

Anil Agarwal's $19-bn chipmaking plant dream at risk as hurdles mount

Winning government funding is key to fulfilling Agarwal's chip dream, given his broader empire is facing intensifying financial strain

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Updated On : 06 Apr 2023 | 1:09 PM IST

Jaipur to get India's 2nd largest cricket stadium named after Anil Agarwal

Vedanta's HZL signed an MoU with the Rajasthan Cricket Association for the development of the world's third-largest cricket stadium in the village of Chonp in Jaipur

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Updated On : 30 Mar 2023 | 4:47 PM IST

Hindustan Zinc dividend record date today; company's shares in the red

Hindustan Zinc dividend: In FY23 so far, the company has announced a dividend worth Rs 75.5 per share, and out of this, Rs 49.5 per share have already been received by the shareholders

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Updated On : 29 Mar 2023 | 12:55 PM IST

Vedanta dividend: Decision on fifth payout today; check all details here

Vedanta dividend 2023: The company has already given four interim dividends totalling Rs 81 so far in the current financial year

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Updated On : 28 Mar 2023 | 12:54 PM IST

Billionaire mining tycoon Anil Agarwal fights to clear Vedanta's debt

Vedanta's quest to raise cash comes during a rocky time for India's business elite. Highly leveraged conglomerates are under increased scrutiny after a short seller accused Gautam Adani

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Updated On : 26 Mar 2023 | 10:06 PM IST

Vedanta denies talks of stake sale, calls them 'untrue', 'baseless'

Vedanta Ltd on Thursday termed any talks of sale in oil-to-metals conglomerate as untrue and baseless. This comes in the wake of news report which said that Anil Agarwal is contemplating a stake sale

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Updated On : 23 Mar 2023 | 2:29 PM IST

Hindustan Zinc's $1.3 bn dividend plan raises concerns over cash use

The Rajasthan-based miner will pay an interim dividend of 26 rupees per share totaling 109.9 billion rupees, according to an exchange filing Tuesday

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Updated On : 22 Mar 2023 | 12:56 PM IST

HZL to pay Rs 10,990-crore interim dividend at 1,300% of face value

The Rajasthan-based miner will pay an interim dividend of 26 rupees per share, according to an exchange filing Tuesday

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Updated On : 21 Mar 2023 | 10:02 PM IST

Gautam Adani isn't the only Indian tycoon in trouble. Look at Vedanta

With Adani scandal putting Modi govt under heightened scrutiny about entanglement of public purpose with private profit, Vedanta's top priority should be to stay out of the headlines

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Updated On : 27 Feb 2023 | 7:05 AM IST

Billionaire Anil Agarwal struggles to get backers for $19 billion chip unit

Investors to whom Agarwal pitched the plan raised concerns about the group's limited experience in the sector, say people aware of the development

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Updated On : 14 Dec 2022 | 7:46 PM IST

Considering options on Electrosteel: Vedanta Resources' Anil Agarwal

It cannot be a small capacity plant, says Anil Agarwal

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Updated On : 02 Dec 2022 | 12:13 AM IST

Vedanta Group notifies third interim dividend of Rs 17.50 per share

Vedanta Group approved the third interim dividend of Rs 17.50 per share or 1750 per cent for the financial year 2022-23, on Tuesday November 2022

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Updated On : 22 Nov 2022 | 6:13 PM IST

Anil Agarwal-led Vedanta group gets shareholder nod to rejig capital

The development acquires significance since Vedanta's holding company, Vedanta Resources, will receive nearly 70 per cent of the dividend to be distributed

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Updated On : 12 Oct 2022 | 7:50 PM IST

Anil Agarwal faces key vote for plan to tap Vedanta cash reserves

Shareholders of Indian unit Vedanta Ltd. will on a company plan to move money out of its reserves and into its balance sheet, increasing the probability that the funds will be used for dividends

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Updated On : 07 Oct 2022 | 11:03 PM IST

Gujarat chosen for Rs 1.5-trn project based on professional advice: Vedanta

As a political storm brewed over his group shifting a multi-billion dollar semiconductor factory from Maharashtra to Gujarat, Anil Agarwal said the site was chosen based on professional advice

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Updated On : 15 Sep 2022 | 6:33 PM IST

Fully committed to investing in Maharashtra: Vedanta Chairman Anil Agarwal

Agarwal said that Gujarat met expectations and the decision was made a few months ago

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Updated On : 15 Sep 2022 | 12:30 AM IST

Vedanta sees no funding problems for $19.5-bn chip JV with Foxconn

Vedanta chairman says chips from Gujarat would help to foster clusters of companies that could make products like iPhones, television sets, laptops and other electronic goods in India

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Updated On : 14 Sep 2022 | 7:22 PM IST

India at 75: From Ambanis to Bajaj - 20 doyens who shaped India's business

Each one of them has played a key role in the building of India, taking ideas and giving them wings. Here's a look at 20 leaders of India Inc who are inseparable from the idea of India

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Updated On : 12 Aug 2022 | 11:19 AM IST

Top headlines: SoftBank warns of funding cuts, Vedanta eyes $100 bn revenue

Business Standard brings you the top headlines at this hour

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Updated On : 11 Aug 2022 | 7:30 AM IST

Vedanta eyes $100-bn revenue by 2030, capex of about $3-bn in next two yrs

Agarwal pointed to the acquisition of Goa-based Nicomet (in December 2021), which has made Vedanta the only producer of nickel in India

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Updated On : 11 Aug 2022 | 2:27 AM IST